Antero Midstream (AM) EV to CFO (2017 - 2026)
Antero Midstream's EV to CFO came in at 11.23 for Q2 2026, up 9.1% from 10.29 a year earlier and up 0.8% from the prior quarter.
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Analysis
Antero Midstream (AM) EV to CFO (2017 - 2026) Analysis & Trends
For FY2025, Antero Midstream's EV to CFO was 8.85, up 3.3% from FY2024.
- EV to CFO has increased in each of the last five years.
- Going back by year, EV to CFO was 8.57 in FY2024 (+11.1%), 7.72 in FY2023 (+4.5%), 7.38 in FY2022 (+13.3%) and 6.51 in FY2021 (+27.7%).
- The Q2 2026 figure represents the highest quarterly EV to CFO since Q2 2019.
- Year-over-year, EV to CFO has increased for 15 consecutive quarters, with growth averaging 13.2% over the last eight quarters.
- The fastest year-over-year change in EV to CFO over five years came in Q3 2021 (growth of 91.3%), and the weakest in Q2 2022 (a decline of 10.0%).
- Business Quant data shows AM's EV to CFO at 11.14 (Q1 2026), 8.85 (Q4 2025) and 10.19 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn |
| 10 | Antero Midstream | 9.83 Bn | 9.83 Bn | 242.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.23 |
| Mar 31, 2026 | 11.14 |
| Dec 31, 2025 | 8.85 |
| Sep 30, 2025 | 10.19 |
| Jun 30, 2025 | 10.29 |
| Mar 31, 2025 | 10.36 |
| Dec 31, 2024 | 8.57 |
| Sep 30, 2024 | 8.84 |
| Jun 30, 2024 | 8.47 |
| Mar 31, 2024 | 8.34 |
| Dec 31, 2023 | 7.72 |
| Sep 30, 2023 | 7.77 |
| Jun 30, 2023 | 7.80 |
| Mar 31, 2023 | 7.20 |
| Dec 31, 2022 | 7.38 |
| Sep 30, 2022 | 6.32 |
| Jun 30, 2022 | 6.15 |
| Mar 31, 2022 | 7.13 |
| Dec 31, 2021 | 6.51 |
| Sep 30, 2021 | 6.62 |
API Access
Antero Midstream EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=AM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "AM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=AM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();